Robeco Boston Partners All Cap Value Fund

Scorecard
4 / 5 Stars
Lipper
5 5 5 4 2
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
5 / 5 Stars
TheStreet.com
A- (Buy)

U.S. News evaluated 329 Large Value Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

See all Robeco Investment Funds funds

See full Large Value rankings

See more fund rankings

Note: Profile written for different share class.

Performance

The fund has returned 28.01 percent over the past year, 15.57 percent over the past three years, and 22.17 percent over the past five years.

Trailing Returns Updated 03.31.2014
Year to date 3.3%
1 Year 28.0%
3 Years (Annualized) 15.6%
5 Years (Annualized) 22.2%
10 Years (Annualized) 10.0%

See more BPAVX performance

Summary

Robeco All Cap Value has rewarded patient investors.

As of April 22, 2014, the fund has assets totaling almost $858.41 million invested in 128 different holdings. Its portfolio consists of shares of companies across the market capitalization spectrum.

As the fund's name suggests, it invests in companies across the market capitalization spectrum. While more than two-thirds of its portfolio was, as of the end of 2010, invested in large-cap companies, the fund also has significant exposure to mid-cap names. Meanwhile, the fund also dabbles in small-cap stocks. This flexible approach allows management to adjust the fund's average market cap as conditions demand. In particular, when certain types of companies are overlooked by the market, management likes to find value opportunities and scoop up underpriced shares. Lately, management has been looking to the financial sector, which as of the end of 2010 accounted for 27 percent of its stock portfolio. That's a fairly substantial overweight compared to both the S&P 500 and Morningstar's large-value category. For instance, Bank of America, whose struggles continued in 2010, and Citigroup, which fell apart in 2008 and 2009, both occupy prominent spots in the fund's portfolio. While the fund had a middling year in 2010, management is confident that going forward, its focus on high-quality companies will reward investors. "We believe owning businesses at attractive valuations that have the benefits of scale, global exposure, global brand awareness and access to capital has positioned the portfolio well for favorable performance longer term," manager Duilio Ramallo says in the fund's latest annual report. The fund has returned 28.01 percent over the past year and 15.57 percent over the past three years. 

Since the fund's 2002 launch, it has been a solid performer. While it tends to stay toward the middle of the pack in any given year, its steadiness has paid off. As of the end of March, its trailing five-year returns landed it in the top 4 percent of Morningstar's large-value category. The fund has returned 22.17 percent over the past five years.

Investment Strategy

According to the fund's prospectus: "Robeco examines various factors in determining the value characteristics of [stocks], including price to book value ratios and price to earnings ratios. These value characteristics are examined in the context of the issuer's operating and financial fundamentals, such as return on equity and earnings growth and cash flow. Robeco selects securities for the Fund based on a continuous study of trends in industries and companies, earnings power and growth and other investment criteria."

Role in Portfolio

Morningstar calls this fund a "core" holding.

Management

Duilio Ramallo manages the fund.

Fees

Robeco Boston Partners All Cap Value Fund has an expense ratio of 0.95 percent. 

See more BPAVX fees

Risk

Like all stock funds, this one comes with some risks.

See more BPAVX risk